View Information Collection Request (ICR) Package

OMB Control No: 0551-0005	ICR Reference No: 199101-0551-001
Status: Historical Active	Previous ICR Reference No: 198904-0551-001
Agency/Subagency: USDA/FAS	Agency Tracking No:
Title: FINANCING COMMERCIAL SALES OF AGRICULTURAL COMMODITIES UNDER TITLE I, P.L. 480 - RECORDKEEPING AND REPORTING REQUIREMENTS
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/18/1991
	Date Received in OIRA: 01/28/1991
Terms of Clearance: In accordance with the Paperwork Reduction Act (PRA) and 5 CFR 1320, this collection of information is approved through March 31, 1992, sin the interim rule requiring this collection is subject to change. The reporting requirements appear burdensome, although they may be necessa to enforce legal requirements. The U.S. Department of Agriculture should also consult directly with users of the program to estimate the burden more accurately and to identify any means of reducing the burde without sacrificing the necessary oversight of transactions. A brief report of the results of these actions must be included in the next request for review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/1992	03/31/1992	04/30/1991
Responses	724	0	1,236
Time Burden (Hours)	923	0	1,072
Cost Burden (Dollars)	0	0	0

Abstract: SUPPLIERS MUST RETAIN RECORDS FOR 3 YEARS AND REPORT PAYMENTS TO REPRESENTATIVES OF IMPORTING COUNTRIES. PROSPECTIVE COMMODITY SUPPLIER MUST PROVIDE INFORMATION FOR USDA TO DETERMINE ELIGIBILITY. COMMODITY SUPPLIERS MUST REPORT DETAILS OF SALES FOR PRICE APPROVAL. AGENTS NOMINATED BY IMPORTING COUNTRIES MUST SUBMIT INFORMATION TO ALLOW IDENTIFICATION OF CONFLICTS OF INTEREST.

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FINANCING COMMERCIAL SALES OF AGRICULTURAL COMMODITIES UNDER TITLE I, P.L. 480 - RECORDKEEPING AND REPORTING REQUIREMENTS

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion	Change Due to Adjustment in Estimate
Annual Number of Responses	724	1,236	-447	-65
Annual Time Burden (Hours)	923	1,072	-130	-19
Annual Cost Burden (Dollars)	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

View ICR - OIRA Conclusion